LegalDesk.com Advocates For Blockchain In Governance At FICCI MTech 2018

The inaugural edition of the Maharashtra Technology Summit 2018 witnessed an incredibly progressive wisdom from visionary entrepreneurs and bureaucrats in the country.

The Honourable Chief Minister of Maharashtra, Shri Devendra Fadnavis who inaugurated the event welcomed the inventive Blockchain as he expressed his optimism in the technology, “It is going to change the entire space of governance”

A panel discussion titled – “ Blockchain and Governance’ brought together the leading lights of different industries – the hour-long discussion at the Hotel Trident, Mumbai was enveloped by the cutting edge possibilities that can benefit the governance in our country.

Mr. Prasanna Lohar, DMD & CIO at DCB Bank elucidated hope as he envisioned Blockchain to impact a structured approach and bring in the much-needed innovation in governance.

For the uninitiated, Blockchain technology helps protect and process data in an impenetrably secure and transparent manner. The technology is being globally fancied to take over the essence of Internet-based processes/governance owing to its compellingly secure features.

Having developed Smart Contracts and Stamp Duty processes for various government agencies, Founder, CEO of LegalDesk.com, Mr. Krupesh Bhat identified the lawful essentials required for the comprehensive adoption of the technology in public services.

The technology is being pursued by LegalDesk.com to securely digitize the Stamp Duty payment process in Andhra Pradesh and Telangana states. Also, the company is striving to further simplify and secure its online legal services through the generation-defining technology.

Another panellist, Ms. Latha Ayyar. Special Representative for Innovation & Information Technology for the Andhra govt.reiterated the essence of Blockchain in public services when she explained how the technology will be used to govern land, vehicle and pension records, school and sports certificates etc.

Please note that LegalDesk.com does not give any legal advice, consultation, accounting or auditing services. It is neither a Law Firm nor a Chartered Accountancy or Company Secretary Firm. The services provided by LegalDesk.com can in no event be construed to be or taken be a substitute or alternative for Legal Advice. Read complete disclaimer text here.